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FOX Business
Oct 4, 2012 9:20am EDT
we call this a romney rally? futures up as we firmly count down the to the opening bell of the market. we have that and much more from last night's debate coming up. u turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech mastpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. man on tv: ...rbis and 36 homers. swings at the first pitch and fouls it deep back into the stands. [ding] [fans whirring] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. check your steps at foodsafety.gov. >> now, a couple of moments ago, almost chokingly getting a romney rally on the stock market. of course, the widespread opinion is that governor romney won the debate last night and it's absolutely true to say that the stock mar
FOX Business
Oct 7, 2012 8:00am EDT
% essentially what romney is talking about, then people who make income, actually, their taxes go down in only one way, if they make more income, and that's the incentivizization to make more income because you're not giving back 35% to the government. when we lower marginal tax rates, we get more from the people output in the society. >> jonas, you believe we need tax increases in the long run, in the short run, what is going to get jobs. >> and there's nothing you can do to the tax code that isn't going to hurt the job market. >> lower the marginal rates. >> you say romney wants to lower the raets and remove the deduction, let's say he removes the mortgage deduction, home builder, you're going to hire more people, and if they remove it, hire more people, probably not. you're going to bring net knew revenue to the government. not going cut enough you're going to hurt the job market. now, specifically, if you hit the high end, like they want to do, let's say they did that, and yeah, that's, that's tax, when you tax people in the middle that is cost of hiring somebody so could actually
FOX Business
Oct 4, 2012 4:00pm EDT
romney bump. is that going on here? >> absolutely. without a doubt. mitt romney put down a strong performance last night and a couple things are behind it. first of all, a solid understanding of business background and regulation en you see that being cheered by certain sectors. the financials standing out especially his comments regarding mortgage loans. there's also a sense that governor romney's success in massachusetts working with a legislature fell 85% democrat but being able to accomplish major things for massachusetts and it has been a number of years. someone suggested four years since we had bipartisan positives out of washington d.c.. given the governor's record the markets would certainly scheerer bipartisan reform as regards to taxes and the fiscal cliff. dave: that is a great point. the fact the we have not seen by partisanship like the president said we were going to see when he started this administration. let's bring heather into the conversation. focusing on this romney bomb do you think it is sustainable -- excuse me? heather, go ahead. is this romney bumped sus
FOX Business
Oct 4, 2012 1:00pm EDT
calling mitt romney the winner. trickle-down government. i wonder what lou will say about that. lori: he has been wanting him to step out and drop the gloves. a lot of people saying he did that last night. we will also talk about retail sales. find out about these winners and losers. what stores are stocking up to grab your dollar as well. hope you like corduroys. melissa: not so much. elizabeth macdonald is at the rock 'n roll hall of fame in cleveland. she will be talking with mayor frank jackson. she will also be talking to joe roman. cleveland is open for business and we are there. lori: baseball fans, probably not a shock here, the boston red sox have fired their manager, bobby valentine. they had 93 losses last season. they finished dead last. melissa: it was a tough little series here in new york. lori: no surprise, but, boy, you just get one. to prove yourself. melissa: let's head to the floor of the new york stock exchange. nicole: we are looking at a market that has had up arrows. the dow jones industrials are up. it has pulled back a little bit. the truth of the matt
FOX Business
Oct 3, 2012 4:00pm EDT
latest polls we've seen. today's "wall street journal" poll shows governor romney six points down. "wall street journal" poll, sorry, today's "wall street journal" poll shows him six points down. "fox news poll" shows him behind by eight points higher. so, kevin madden, governor romney's press person is saying the target for governor romney is the sliver of undecideds who he needs to come over to his side to get him back in the game and make sure he is competitive going into election day. what is the problem for governor romney? well, according to "the wall street journal" poll this morning, 40% of voters say that mitt romney does not have a message or they do not know what he would do if elected compared to 28% for president obama. so governor romney has his work cut out for him tonight. the campaign says he will be talking more about specifics and about specific issues here to try again, to convince those undecided voters, critical undecided voters to come over to the romney camp. lauren and david. back to you. david: peter, where are you again? i didn't get that? >> we are at -
FOX Business
Oct 5, 2012 12:00am EDT
romney crushed in the debate but will it add up to votes? karl rove here to break it down. >>> money tonight, gas shortage in california. prices skyrocket. stations close. will it spread across the country? we have details. >>> i'm getting serious about the saving the post office. i'm the turnaround specialist who can avoid a $11 billion default. i'm offering my services to the postmaster general. he is here in a fox business exclusive. even when they say it's not you know it is always about money. melissa: first let's take a look at the market headlines. all three major indices close in the green. all 10 sectors in the s&p finished on the plus side for a fourth straight day of gains. cisco names new number two. gary moore named president and chief operating officer. ceo john chambers says he will stay in his position between two and four more years. jobless claims rose slightly this week, climbing by 4,000 to 367,000. we're all going to be watching tomorrow morning when the government releases its monthly unemployment numbers for september. that is a big one. don't miss it. now to o
FOX Business
Oct 4, 2012 5:00pm EDT
, obama was looking down so much. whenever romney looked at obama he would square up with obama, obama was looking down and couldn't tell what he was wearing or what he looked like. melissa: what do you think. >> i think the same thing. the demeanor played a lot who looked better on debate. melissa: i wonder how do they decide who wears red, blue, red state, blue state. red is power. blue is calming? >> i never like that designation, democrats blue as republicans red. i think conspiracy by the left-wing media is red is angry color. look at me i'm wearing red right now. melissa: what color tie would you wear if you were in the debate? >> i don't know. melissa: yellow. >> demeanor you have that is important. one. need a free vacation? jetblue is offering supporters of the losing candidate in the legislation free flights out of the country. this is pretty funny. participants who register who they're voting for in november, are automatically entered to win a free flight to mexico, south america, or the caribbean islands. so you guys going to sign up for this? very funny. say who you vote f
FOX Business
Oct 8, 2012 9:20am EDT
out of other people's money just yet. markets down, romney is called a liar and "varney & company" is about to begin. >> good morning, "varney & company" viewers, today is monday, october the 8th. the big story less than 30 days from the election, let's see where the candidates are at the polls right now. gallup today, this poll for the first three days after the debate. romney and obama tied at 47 among registered voters. before the debate. obama in this poll had a five point lead and mitt romney has swung back into the lead in the first post debate survey in the presidential race in florida and the latest rasmussen poll is likely voters and has romney two points ahead and scott rasmussen, he's going to joining us in our next hour with his brand new monday morning numbers. can romney hold on to or even extend his lead? find out, 10:30 this morning. and check us out on facebook, was last week's debate the major turning point in the election? log on, join that conversation please. gas prices, the spike in california levelling off, but prices have not started any kind of retreat just ye
FOX Business
Sep 30, 2012 10:00pm EDT
a boost in the polls. the romney camp plays down expectations for next week's debate. some predictions. welcome to "the willis report." but, everybody. i'm lori rothman in for gerri willis perry the recovery is flat lining. the jobless rate has been about 8% for more than three years. but president obama is getting a well timed bump care of the labor department. bystanders showing more jobs have now been created and lost since the president took office. does this hurt mitt romney's argument? let's ask former republican governor mike huckabee of arkansas. it is wonderful to have you. >> great to be here. lori: what do you think of this jobs revision? it seems to be a nice boost for obama. >> if he is looking for anything, this is the lifeline he has. the fact is, of the jobs that have been created are jobs that are being created at a much lower pay scale than the jobs that people lost. some 30% lower. the fact that people have got a job does not necessarily mean they're better off. the key thing is that median household income is down by more than $3,000. that is the real is
FOX Business
Oct 6, 2012 10:00am EDT
. [cheers and applause] rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild, but he's bringing the hammer down on "sesame street," it makes sense. lou: the president was trying to make a joke, but, mr. president, wait a minute. turns out big bird is deserving of considerable public attention. upon further investigation, it appears the last thing the president should be doing is to minimize what's happening to the taxpayer money because of big bird, all his friends like elmo and jim lehrer. the president should be paying attention to the count to help him with the numbers, and the numbers are troubling. on a day in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left
FOX Business
Oct 9, 2012 9:20am EDT
are republican gay people, should their friends consider for voting romney, watch the sword come down. watch how people go crazy if you express what you believe and counter to-- >> and the group that ask for most tolerance are least tolerant? >> i found it interesting that sandra nuclear, supported dash, so disappointed to see people attacking stacy dash for racing her opinion. disagree with her politically, but racist attacks are unacceptable. >> when you can't support your argument you go with baseline attacks, race, insult. those kinds of things. charles: it's terrible that we can't really keep it real. new at 10, we have a brand new green energy failure from the obama administration, and the company that president visited and touted and gave him 150 million of your tax dollars to build batteries for the chevy volt. guess how many batteries were made? got the answer for you next. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now m
FOX Business
Oct 4, 2012 7:00pm EDT
should have gotten down and dirty, but until you, if you look at the substance, romney, the tax plan. he says he is and have a tax plan. lou: jump in any time you feel like it. don't pull and obama on us. >> this was a slaughter. no disrespect to my friend. the president was not prepared for this debate. romney was on his a game. he ticket write to him, kept the issue about jobs in the economy which is what is critical here. he didn't for the first 45 minutes let up. he was very articulate. he looked presidential. half a billion dollars in negative advertising. what the mistakes, he looked presidential, and it's hard for anybody to believe he is is evil bogyman. i think it's -- i think to believe. lou: he just took that half a billion dollars and set it on fire. i mean, there is nothing left but the image of a strong, positive, absolutely effective communicator. the opposite of everything all that money had been spent. >> even though incumbent presidents don't do well, this performance was very, very bad for the president. i compare the the campaign i ran with ronald reagan had an of
FOX Business
Oct 6, 2012 4:00am EDT
margin's been over two points. if mitt romney moves up two points and president obama moves down two points, there's another contest here with somebody else in front. lou: look at the swing states, looking at rasmussen, romney ahead in virginia and in ohio, romney a point behind the president where there was a significant lead, as you know, for the president. this is having some influence early. is it likely to be more profound as days go on? >> well, in all likelihood, this will build itself in for three or four more days here. there could be a lengthened -- and then the vice presidential debate that i suspect ryan takes care of biden in good form, but not much impact on the polls, and then the polls will be influenced by the debate the week following. let me say something about ohio. you put it in an interesting subject there. president obama's campaign said for weeks ohio's comfortably put away, ten points. american cross roads, which i don't head, just a supporter of it, i raise money for it, mu american cross roads' polling before the debate showed the state a two point margin f
FOX Business
Oct 4, 2012 6:00pm EDT
. his people saying he's not talking to the media. we were turned down by big bird. it's appalling. number three -- >> and at some point, i think the american people have to ask themselves is the reason that governor romney is keeping all of these plans to replace secret because they are too good? gerri: romney is planning to give a number of policy speeches filling in the details that obama says are missing. here's number two. >> don't forget, you put $90 billion, like 50 years worth, of breaks into solar and wind to solyndra and fisker. you just don't e pick the winners 5e7 losers, but just the losers. gerri: that was my favorite. he said that would have hired 2 million teachers. first, the number one most memorable line is this -- >> mr. president, your entitled as a president to your own airplane and house, but not your own facts. gerri: that's a zinger. no wonder romney was the winner. still to come, the opening statements, energy was already on the table, one of the leading voices on energy. >> my plan is five basic parts. get us north american energy independent creating 4 #
FOX Business
Oct 4, 2012 11:00am EDT
going to be up to the debate. this is a key state, will come down to ohio again. romney needs to ohio to win. tracy: he certainly does. here in cleveland once again, how many? speak of those who have to drive around in town get annoyed with it, but we like it because they are here and up in this state. liz: it is so nice to see you, thank you for not revealing some of those stories. i am a real journalist, a peabody award winning journalist. thank you. thank you very much. >> congratulations with everything. >liz: thank you very much. coming up in the next couple of hours we have the mayor of cleveland, frank jackson, he's a democrat. also a republican working together to make this the fourth highest state for job creation. used to be 48. how did that happen? coming up. back to you guys. tracy: i think you and bill could do the fox affiliate in cleveland. liz: he would outshine me, he always did. tracy: good stuff, thank you very much. we will see the next hour of "markets now." mitt romney wants to repeal dodd-frank. financial stocks are higher today, but they're betting on a whim by
FOX Business
Oct 4, 2012 8:00pm EDT
mitt romney in line when they actually sit down in the seat. neil: i'll give you credit, mark, you are consistent, don't waiver, and like the little worms and, oh, man. you're not like that. >> thank you. neil: all right. campaign cash spent, $233 million. 30 days of debate prep, 60 million. winning by a mile in the mile high state? priceless. ♪ >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement. angie, the waitress at jack's favorite diner, is also enjoying his retirement. with just a little information, she's opened up a credit line, draining the equity in jack's home. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft, and no oneelps stop it better than lifelock. see, ordinary credit monitoring services tell you after your identity has been stolen. they ma
FOX Business
Oct 4, 2012 11:00pm EDT
to keep guys like mitt romney in line when they actually sit down in the seat. neil: i'll give you credit, mark, you are consistent, don't waiver, and like the little worms and, oh, man. you're not like that. >> thank you. neil: all right. campaign cash spent, $233 million. 30 days of debate prep, 60 million. winning by a mile in the mile high state? priceless. ♪ ...seems like you guys got a little gassed out there. enough already. c'mon guys. next question. hello! what's your favorite color? what's my favorite color? yes. purple. what's your favorite animal? sea turtle. what's your bedtime? do you believe in space aliens? ...i love puppies. hash browns or home fries? home fries. do you like my dress? why can't you guys ask good questions like this? [ morgan ] for a chance to interview an nfl player... join visa nfl fan offers and make your season epic. [ monew pink lemonadece to interview5-hour energy?... 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour
FOX Business
Oct 2, 2012 12:00am EDT
. many say the economy has stalled. we're going to break it down. >>> plus oil companies throw money at mitt romney like there is no tomorrow. but a new study shows their business is actually better with a democrat in the white house. we have the surprising details. >>> two of america's greatest pastimes together. football and victoria secret models. why the nfl blitz by the underwear company might be pure business brilliance. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben beanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. >>> american express will pay more tan $112 million. regulators allege that amex misled customers about debt collected, discriminated against certain card applicants and charged improper late fees. are we in a recession right here, right now? our own peter
FOX Business
Oct 9, 2012 11:00am EDT
08. this year that amount is down to $136,000. meantime, the romney camp has received $900,000 from goldman employees, plus another 900,000 going to romney's super pack. if you are looking for some stock market perspective, here's how goldman sachs has traded over the last five years. in the last four decades since congress created the campaign finance system, connell, no company's employees have ever switched sides is abruptly so says the "wall street journal." connell: that is kind of interesting to see that much of a flip. dagen: fat cat bankers getting called fat cat bankers by the president and no input on dodd frank. connell: absolutely, people are upset and they let their money do the talks i guess. -- do the talking i guess. there are a bunch of business leaders in d.c. today and they are talking about the many roadblocks as they see it to getting our economy back on track. dagen: peter barnes is in d.c. with a whole lot more. hey peter. peter: hey guys a football metaphor from the quarterback of the business roundtable this morning referring to the nfl lockout of profession
FOX Business
Oct 3, 2012 5:00pm EDT
. melissa: style, mitt romney, with would be the problem if it came down to style? what would you worry about? >> mitt needs to make it a debate about substance. my worry could be he could get bogged down in details of that substance. if he can't hold the president accountable for how you close 900 dal billion of spending or tax increases, he can not win the debate with enough of a margin to matter. to do that successfully on tv i think is very difficult. melissa: paul, what do you think? >> well i think there is a second element of intrigue here and that is how you're responding as the camera is on you when your opponent is saying bad things about you. melissa: that's a good point. >> all of these clips for the past couple weeks have pointed to when al gore, for instance, was reacting george bush was commenting. i think we'll be interested in how the camera picks up the person not speaking. melissa: yeah. do we have that? in fact i think the clip you were just talking about is about al gore sighing loudly while george bush was answering a question. that is something a lot of peop
FOX Business
Oct 3, 2012 9:00pm EDT
pressure is on mitt romney, you hear, a guy on swing states is down, although gnarlly, the two -- nationally, the two are even. much is made of whether the polls are reliable, but it is a fair, fair argument to sigh -- say for each, tonight is crucial. i bring you the first presidential debate from the university of denver. >> good evening from the arena at the university of denver in denver, colorado. i welcome you to the first of the 2012 presidential debates between president barack obama, the democrat nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues, and it will follow a format designed by the commission. there will be six, roughly 15 minute segments with two minute answers segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means, but i made the final selections, and for the record, they were not submitted f
FOX Business
Oct 5, 2012 3:00pm EDT
employment rate down from 8.127.8%. it shows economic momentum. governor romney said it is still too weak. they attack one another's plan. >> yes, skew towards the wealthiest. if we get rid of more regulations on wall street, then our problems will be solved. jobs and prosperity will rain down from the sky. >> when i am president, when i am president of the united states -- [ cheering ] that unemployment rate will come down, not because people are giving up and dropping out of the workforce, but because we are creating more jobs. >> only one more of these employment reports before election day. back to you. liz: right. the friday before election day. can you imagine? thank you very much. closing bell ringing in 52 minutes. when berkshire warren buffett buys a company, investors watch and listen. coming up in a fox business exclusive, we are speaking at a rare interview with the chairman, ceo and president about the $9 billion deal. how this business today. what is it like? he is coming up live only on fox business. cleveland, open for business. ♪ ♪ nicole: i am nicole petallides. it i
FOX Business
Oct 9, 2012 5:00pm EDT
believe in a more of a free market system that there can be trickle down government that suppresses and oppresses the free private enterprise system that made america the biggest wealth creating machine in the course of human history. but at the same time, governor romney said it well, that there does need to be regulation and i think that he, that is what he is going to do if he gets elected. >> ryan, you want to respond to that? >> well look, mitt romney is hedging his bets and trying to pull into the middle so he can win an election. we all know looking at mitt romney's donors for his presidential campaign he is bought and sold by big bad banks on wall street. melissa: would you say that about president obama last time around because if you look at totals he got even more money last time around. so was president obama bought and sold by big bad guys on wall street in the last election. >> many folks in the financial sector supported president obama. historic run for the presidency. but this time around it is more about return on investment and they're sporting mitt romney. these are
FOX Business
Oct 3, 2012 6:00pm EDT
down a little bit for us. obama's deputy campaign manager saying romney never explained how he would pay for his massive new tax cuts for the wealthy. we hear the president hitting home time and time and time again. he keeps saying that romney wants to up raise taxes on the middle-class. it seems to me that that is just ignoring the facts. what do you say? >> it is based on a phony study by the tax policy center at the brookings institution that really made up their assumptions of what that romney plan is. we look at this from a more dynamic effect and see that the romney plan would actually increase economic growth and increase wages across the board which is going to more than offset any sort of reductions that people would see or increases people might see in their taxes. by and large people get a tax cut because after all these cutting tax rates across the board by 20 percent, and the biggest thing that will benefit the economy is also cutting the corporate tax rate. as you know, we have the highest corporate tax rate in the world. all these things add up to larger economic growt
FOX Business
Oct 9, 2012 7:00pm EDT
, reason that romney offended spain by saying he did not want to go down their path of reckless spending in last week's debate? and he need the lesson? unbelieveable. >> the murder capital of this country is chicago, it wants to become the dumb capital as well, cook county president proposes a so-called violent tax on guns and ammunition to help plug a $115 million budget gap next year, a spokesperson for illinois state rifle association say the that tax would punish the wrong people. and suggestions if they want to tax the problem. chicago to start taxing gangs, and drug dealers. chicago's murder rate, up almost 30% this year, 406 people murdered year-to-date. if that i want to tax something, subsidize what you want and tax what you don't, maybe they should tax really dumb politicians. >> up next, polls turning in governor romney's favor, strongly, some mainstream media are having a fit, many are turning on the president. we will take that up with the a-team, which is next. liz macdonald. and other file there coming down christopher hahn, next. lou: joining us now the a-team, good to ha
FOX Business
Oct 8, 2012 7:00pm EDT
-- he refused to do that. at that time, romney's spokesman said that the governor was not involved in bain capital or any of their investment decisions. the transaction was ultimately scrapped. lou: has everybody down there kind of looked inside the labels on their coats? their shirts? everyone there is benefiting from the trade relationship with china. this is almost the number one priority -- it's a very serious charge and we should be carefully investigating it as we have been. but these conclusions seem to be -- somehow, dissonant from what has been 20 years experience with china. in one hand, we accept them as an equal trading partner that is absolutely free of political values. and also judgment. i'm not saying that's appropriate, i would argue that it should be absolutely defined by clinical values. this time but this time and again, shannon, it is strange indeed. reporter: it is interesting because you have heard it, and we have all heard it both of the presidential candidates have talked about getting tough with china, whether it is about currency manipulation, trade issues,
FOX Business
Oct 8, 2012 11:00am EDT
down. so they've already begun the mitt romney is a liar campaign. dagen: right. >> i think the president will be more engaged, arguably more negative, simply because they are prepared to win, as i said, win ugly if they need to, because i don't think they have an agenda or record that they can run on, hence they are going to try and demonize governor romney. dagen: let's talk about the unemployment rate that came out on friday. we saw how it played out over the weekend. very expected, but is that the thing that they ought to be focusing on, the obama administration? >> well they have been and we know from scott rasmussen today that the consumer confidence over the weekend shot up and boom, the president's ratings have gone up overnight since yesterday they've gone up because of that jobs number. >> yeah, that is huge. i think the president will use that. joe biden will use it in the debate. but ultimately the president believes he will win with negative because he doesn't have is a record to run on or defend. dagen: does mitt romney need to sit back and hope the president just
FOX Business
Sep 30, 2012 8:00pm EDT
to talk about it. we'll continue that in the next sit down, if you will, but it seems to me it's important that if governor romney is in an interesting position, at least in economics, finds himself in the unique position having the same disadvantages of senator mccain, and governor romney is still running against george w. bush with economic policies. >> yes, but that was -- that's been true in the past, and many presidential changes -- for example, think about president reagan, he was running against the catastrophic effects of nixon's wage on price controls lasting up to 1980 and carter. the "new york times," i have to remind you, the "new york times" on the eve of the election between reagan and carter had it too close to call. lou: the third debate? >> that is right. lou: i know it's right. up next, governor romney trailing in the polls, but does history show come from behind wins are possible? as we disused, there -- discussed, there is history here. we'll have the report. are taxpayer dollars -- they call it art, but looks like obscenity to me, but there we are. we'll look
FOX Business
Oct 2, 2012 8:00pm EDT
socio- economic expectations. neil: you know the problem may be that mitt romney has, and i mean this in a positive way, he is too smart for words. in other words, he has the iq argument down, but not necessarily the ronald reagan approach out there. so he always sounds like he's walking and talking about it and never explaining about basic human being terms with choking on a 16 trillion-dollar debt means. so it gets to be an academic discussion. i suspect if you go that route, he will lose people in this debate and very well this election. what do you think? >> there is no doubt that mitt romney is very smart and we need someone who understand the details as well as the broad vision. when you look at the debt that president obama has added in his four years in what he projects in his current budget, he would add as much or more debt or a typical taxpaying family is four years of college on a new home. that is her family. the fact is that this can be related to what the burden is on our families today and on our children. neil: so you are saying -- 60 cents on the dollar for spen
FOX Business
Oct 2, 2012 9:20am EDT
paper, down 3%. okay. dow is up 12. had been 40, now up 12. we're just one day away from the first presidential debate. the we've shown you the headlines. the media has not stopped piling on romney. and we'll ask pat caddell, he says they're ruining the country. the democrat we had on yesterday said this. >> generally what happens in the first debate is the challenger succeeds. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [
FOX Business
Oct 8, 2012 1:00pm EDT
tim geithner stepping down. people thought based on the polls -- melissa: you are killing me speaking now looking at two maybe -- romney. this is called a hit. i get to talk. melissa: i will tell you what a hit is. [laughter] charlie: this is called doing a story. you do not know because you are interrupting me. i would have said it by now if you did not interrupt me. lori: can we guess? here it is. here it is. charlie: kevin borsch -- former fed governor. here is what gives him, i think, it is both a positive and negative. major player during the financial crisis. a close person with bernanke. word close with timothy geithner. that is a positive to some extent. also a negative. melissa: they had a falling out. charlie: let me finish what i am saying here. melissa: we are so excited about the story. charlie: yes, he had a falling out with bernanke. very much at odds over a lot of qe. this is a positive. a negative is age. he is 42. i know paul ryan is 42. i am significantly older these days. the positive thing is, yes, he has made his kudos with conservatives. he has an end.
FOX Business
Oct 5, 2012 6:00pm EDT
reason it has come down this year is primarily due to the fact that more and more people have just stopped looking for work. ♪ gerri: both president obama and candidate mitt romney using today's jobs report to bolster their campaigns. the truth behind those numbers and a $5 gas, already happening in one state. could it happen in yours? welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. do you believe the jobs numbers released today? a huge drop in unemployment rates to 7.8%. a look at that. nearly 1 million people entering the workforce in just one month. today, some of the business community calling those numbers completely fake, deliberately distorted to make president obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employment r
FOX Business
Oct 3, 2012 9:20am EDT
consequence of the drought. people are stealing grass. reports of ranchers knocking down fences of a casting gran's. back to the 1880's. iraq in 90 seconds with a man who says mitt romney is the underdog. stuart: 2400 people who collected unemployment in 2009 lived in households making more than a million dollars a year in income. the unemployment may have been paid to spouses or dependents of the millionaires, eliminating these payments to high earners would save only a small model money each year. senator tom coburn says it is just one example of out of control government spending. many people like to refer the underdog in sports, but what about politics. is this of romney that we will see tonight? >> you phrase that before. while i was fighting to save the olympics you're fighting to save the bridge to nowhere. the idea that i'm anti-immigrant as ripples of. >> and not in the bedding business. >> in not only endorsed me, this is the guy who is really conservative. i get 60 seconds. and you get 302nd to respond. stuart: that was met on the attack. ed klein, author of the book the a
FOX Business
Oct 5, 2012 9:20am EDT
by about 5. i think that's going to come down in the next couple of days as a consequence of the uplift from romney's debate performance. but at the end of the day, ohio is a battle ground state and it's up for grabs. and that's because we have a president that has shepherded anemic economic growth and job creation. we have to make a choice whether or not we want to continue down that path or whether we want to go down the path of robust energy and economic expansion and job creation. stuart: what is it? is it epa rules that are just closing down coal mines so they can't use, you can't use coals in a power plant? epa rules are doing this? >> the epa is an aggressive deterrent for the use of coal and the production of jobs. but look, at the end of the day, this is an administration that has chosen winners and losers and as governor romney said the other night, he is in fact chose losers. and he's put billions of dollars against, in the pockets of his friends who have produced zero jobs. stuart: all right, ken blackwell, former secretary of state for the the swing state of ohio. th
FOX Business
Oct 9, 2012 6:00pm EDT
there republicans, if you legislate romney in a republican house and senate, will extend all the bush tax cuts for one year, do fundamental tax reform that's revenue neutral, not a tax increase, passing the ryan budget to bring entitlement spending down so the spending goes from 24% of gdp to 20%, 16%. if obama wins, democratic house and senate, his budget takes spending up to 38% of the economy during that same period. a government twice as large. if you have split government, obama gets elected in a republican house or republican house or senator, what happens is exactly what happened two years ago which is they'll extent bush tax cuts for two years and fight it out in two years. there's not going to be a cliff. everybody knows this because if obama shuts down the government in january, the democrats lose ten senate seats, ten of which are vulnerable in 20 # 14. a democratic senate and republican house encysts that obama extends the tax cuts. gerri: i'm not sure everybody is so sanguine. mitt romney's been called a liar for the ideas on taxation and taxes. he wants to cut taxes 20%
FOX Business
Oct 3, 2012 11:00am EDT
ran for president, how do you think they will break down in the support of the election, 80/20 romney, closer to 50/50? what do you think they will move towards? >> i think they will probably go different places. some will be angry by the republicans the way they were treated at the convention. they may not show up. some may vote libertarian. some may go with with romney. actually some of the young people because of foreign policy issue might even go with obama. it is hard to say. i know one thing for certain, that they are not all going to the one place because they're very individualistic and they don't see the consequences as actually the same. so i think it would be very difficult to predict. connell: could be a big deal by the way especially in some of these swing states if they don't show up. who are you going to vote for? >> haven't decided yet. at least i have decided not to announce it. so no, i'm going to sort of sit tight for a little bit longer. connell: that's fine if you don't want to announce it obviously. some people have made a big deal how you haven't endorsed romney
FOX Business
Oct 3, 2012 11:00pm EDT
debate, there were no knock down blows so the default still goes to the president. now, the romney folks are already making it clear, no, our challenger just knocked out apollo 3. now, whether that's the case, really, to me, the eye of the beholder, author davis is here, he electrified the alabama congressman who left the democratic party because more to the point the democratic party left him. now a big romney supporter, always a pleasure, congressman. >> good to see you. neil: how did it good? >> best performance since bill clinton in 1992. mitt romney strategically did everything he needed to do, and the democrats know that. if you look at the democratic spin, people walking around tonight, they are downcast. neil: you know -- >> there are at many of them. they don't have as much to say. neil: just peek around the audience, the number of democrats, seeing the ratio like 8-to-1 republicans. that's just me. you're seeing congressman chaffetz interviewed, but what do you say to that? >> you can't be a great communicator unless you have great things to communicate. president obama faltere
FOX Business
Oct 6, 2012 12:00am EDT
the path of spain. melissa: what do you think? are we going down the path of spain? >> i think that this is one of the great political debates of our time and i think that mitt romney was right to join it with president obama. i think president obama's policies and his political vision are fundamentally that of french democrats, rather like francois hollande. i think mitt romney's are a traditional conservative republican. i thought during the debate he sounded actually, he echoed themes that you would associate with dwight eisenhower. so i think this is a great debate to be joined politically. i think that romney is raising real risk but there are people on the left who would like to see a stronger centralized government, not just as a safety net but all of these elements and you can see what the problems are. as margaret thatcher once said, the problem with socialism that sooner or later you run out of other people's money. melissa: right. absolutely. professor, thanks for coming on. have a great weekend. >> you too. melissa: so here's the question of the day, will president obama
FOX Business
Oct 8, 2012 6:00pm EDT
think he absolutely does. i have been waiting 25 years for the speech. romney david. he was channeling reagan, harkening back to the notion that america uses our economic power to influence events in the world. use our economic power as a weapon. shutting down their economy. using the american military, not to use it, but to have it there to prevent it have to be used for. gerri: talking about dialing back on this of the money we give to egypt which is a big talking board for the right right now. you look at this. what did you make of this speech? inspirational or more of the same? >> it was as operational, but what i would have liked to hear him say is the causes. he talked of sentence. what we need to do is talk about the causes. you take china and russia and remove them out of the equation. that means countries like venezuela and syria are nothing, and we could solve the world and six months if we could get china and russia right. unfortunately they are hoping the bad guys. gerri: by what can i explain? >> for instance with a ride to a rant. nuclear weapons technology. gerri: said t
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